Core Insights - The beauty industry is experiencing a significant leadership turnover, with major companies like Unilever, Procter & Gamble (P&G), and Estée Lauder undergoing notable executive changes [1][8][19] - Former P&G executives are increasingly taking leadership roles in other companies, showcasing the talent pipeline that P&G has developed over the years [19][40] Group 1: Executive Changes in Major Companies - Unilever announced Fernando Fernandez as the new CEO, succeeding Hein Schumacher [1] - P&G has seen five executive changes since 2025, including a new CEO for its professional beauty division [1][7] - Estée Lauder has appointed Lisa Sequino as the president of its makeup brand cluster [1] Group 2: Colin Walsh's Transition to Glossier - Colin Walsh, previously CEO of P&G's professional beauty division, has been appointed as the new CEO of Glossier, effective October 6 [8][9] - Walsh has extensive experience in the beauty industry, having held significant roles at L'Oréal and Ouai before joining P&G [9][18] - Glossier, founded in 2014, has faced challenges in recent years, including high executive turnover, making Walsh's leadership crucial for its future [17][18] Group 3: P&G's Talent Development - P&G has a reputation for producing CEOs, with over 100 CEOs of major companies having P&G backgrounds [19][40] - The company has cultivated a talent system that allows its executives to adapt across various industries, including beauty, music, and luxury goods [26][40] - P&G's internal management training emphasizes data analysis, marketing strategies, and execution capabilities, contributing to the success of its alumni in entrepreneurial ventures [38][39][42] Group 4: Impact on the Beauty Industry - Former P&G executives are significantly influencing the beauty sector, with many taking on leadership roles in both established and emerging brands [34][40] - The talent flow from P&G to other companies is injecting international perspectives and practical wisdom into the Chinese beauty market [34][42] - P&G's systematic approach to talent development is seen as a model for other companies, fostering a culture of leadership and innovation [41][42]